Click the pic and please answer these. It is managerial accounting.

Packaging Solutions Corporation manufactures and sells a wide 1irariety of packaging products. Performance reports are prepared monthly for each department. The planning budget and exible budget for the Production Department are based on the following formulas, where o is the number of labor-hours worked in a month: Direct lab-or $15.5th Indirect labor 3 4,550+ 5 1.90:; Utilities 95 5,?[10+ 5 0.5th Supplies 3 1.3ll+ E (1.1%; Eq uiprnent depreciation $18.85!) + S 2.40:; Factory rent S Property taxes $2,500 Factaory administration $13,4[l0 + 5 D.E-0qr The actual costs incurred in March in the Production Department are listed below: Acme] Gm touched it March Direct labor $ 57.53.} Indirect labor $ 11.550 Utilities $ 3.190 Supplies $ 1.930 Equipment depreciation $ 23.400 Factory rent E -A Property taxes $ 2.500 Factaory administration $ 15,150 Required: 1. The company had budgeted for an activity level of 4,203 labor-hours in March. Complete the Production Department's planning budget for the month. I Direct labor r_.___. Indirect labor I Utilities ' I I Supplies i .l_ l Equipment depreciation I I Factory rent I I Property taxes I If'_' I Factory administration l l ITotaI expense l 2. The ccmpany actiallv worked 4,0l] labcrhcurc in March. Complete the Prcducticn Department's flexible budget for the menth. 3. Complete the Preducticn Department's exible budget perfcrrnance repcrt for March, including both the spending and activity variances. [Indicate the effect cf each variance by selecting "F'I fer fevcreble, "U" for unfavcreble. and \"Hene' fer nc effect (Le... zere variance}. Input all amounts as positive values.]